The restructuring is expected to contribute an estimated Euro 180 million toward Tata Steel Nederland's targetted cost savings of Euro 500 million by FY26.
Tata Steel's UK and Netherlands units each hold about GBP 600-800 million in debt, primarily for securitization and working capital needs. The European operations showed signs of recovery in the June quarter.
Netherlands started their campaign with a convincing win over Nepal. However, to upset the Proteas once again, it'll require an all-round effort from the Dutch.
Two Dutch artists have collaborated with a local craftsman in Kolkata to bring this year's Durga Puja theme to life, aiming to showcase West Bengal's major festival on a global scale.
The win sent into bat, Netherlands rode on collective effort from its top-order to post 158 for 4.
The Cayman Islands, a famous offshore tax haven, was the fifth largest source of FDI for India in FY22, up from the sixth spot in FY21. The small Caribbean island has outpaced traditional FDI sources such as Japan, the UK and the UAE.
"The Omicron variant has so far been identified in 13 of the positive tests. The investigation has not yet been completed. The new variant may be found in more test samples," the National Institute for Public Health (RIVM) said in a statement.
The release of much-awaited Season 2 of The Family Man, a book on cryptocurrencies or celebrating World Earth Day with a virtual workshop on organic gardening – lots of exciting things to do this weekend. Take a look at our recommendations.
The decline in coronavirus cases in the Netherlands has prompted health officials to allow sex workers in Amsterdam to resume meeting clients much earlier than expected.
According to the Netherlands-based workers' union, employees of Tata Steel are worried and demanding job security from the management.
Water management solutions company Kirloskar Brothers today said one of its subsidiaries has completed acquisition of Netherlands-based Rodelta Pumps International.
Danieli Corus managing director, Peter Zonneveld said the company was looking to substantially invest in India and double its revenues this year.
World Cup minnows Netherland’s, Canada and Kenya get a helping hand from desi brands. SAB TV laughs its way up the entertainment channel order and Hindustan Unilever is serving up coffee.